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Date:2012/08/15
With 13 weeks of continuous price drops, coal prices reached CNY 626 per tonne in August down 20.5% from that of early May, while storage climbed to a historical high of more than 18 million tonnes at China's major coal ports. According to an an...
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Date:2012/08/14
China's National Energy Administration said Wednesday that the government has released targets for renewable energy under the current 12th five-year economic plan running from 2011 to 2015.
The NEA said the overall goal is for total renewable en...
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Date:2012/08/15
Recently, the Chinese steel mills offered cold rolled (CR) steel sheet quoted at US$640/ton CFR to Southeast Asian buyers.It’s known that the Chinese steel producers including Tangshan Steel, Benxi Steel and Ansteel are all offering the CR steel shee...
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Date:2012/08/14
Reuters reported that China imports of crude oil sank in July to a nine-month low and those of iron ore fell for the fourth time in five months as refineries and steel mills cut output due to slackening demand as growth in the world second-largest ec...
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Date:2012/08/15
(NBS), China’s crude steel output totaled 61.69 million tons in July, rising by 2.5% from a month earlier.The data showed that the country’s daily crude steel output totaled 1.99 million tons in July, reducing by 17,000 tons from June.In the first se...
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Date:2012/08/14
On August 10th 2012, the Chinese customs authorities announced China's export data for coal (including brown coal) for July 2012 and the January to July period of 2012.Accordingly, in July 2012, China's overall coal export volume totaled 50...
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Date:2012/08/15
According to statistics, the stocks of stainless steel totaled 186,867 tons in the Chinese Wuxi market in the first ten days of August, falling by 1.4% from the previous ten days.Among them, 112,429 ton were cold rolled (CR) stainless steel, reducing...
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Date:2012/08/13
According to the Chinese customs authorities, in July this year China recorded total iron ore imports of 57.87 million mt, down 440,000 mt or 0.75 percent month on month, but up 3.32 million mt or 6.09 percent year on year. China's average iron ...
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Date:2012/08/15
Anyang Steel, a leading Chinese steel group has contracted with Department of Transportation of Henan Province for a new construction project.This project is mainly to construct a modern high-speed railway and Anyang Steel has assigned to supply near...
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Date:2012/08/13
In July this year, China's finished steel product export volume totaled 4.32 million mt, down 900,000 mt month on month and decreasing by 2.99 percent year on year, as announced by the Chinese customs authorities. In January-July, total finished...
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Date:2012/08/15
The bellwether industrial-production indicator fell 1% on an average daily basis to 61.69 million metric tons, although the volume rose on a monthly basis by 2.5%, the National Bureau of Statistics said Monday. A ladle pours molten iron into a contai...
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Date:2012/08/13
Reuters reported that sluggish demand kept pressure on spot prices of raw material iron ore and further weakness is expected before the start of any recovery.Iron ore, down about 17% this year, reached its cheapest level in 2-1/2 years as Chinese ste...
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Date:2012/08/14
Zhejiang Province-based Chinese steelmaker Hangzhou Iron and Steel Group Co. (HISGC) has announced that in July this year it produced 8,900 mt of free-cutting steel at its high-speed wire rod plant. In the January-July period of the current year, Han...
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Date:2012/08/13
Some power generation companies in China have defaulted on key coal contracts signed with coal producers earlier and turned to much cheaper imported coal.
A Shandong based power producer said that we have no other choice but to cut deals as there’s n...
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Date:2012/08/14
Chinese steel giaint Baosteel announced to cut its September list prices of most steel flat products by RMB80~RMB180/ton for September. Also, the firm has reduced its prices for consecutive three months.It’s known that Baosteel decided to cut its Sep...
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Date:2012/08/13
China’s thermal coal market is stable for the time being. At benchmark Qinhuangdao port, prices are stabilizing with 5500 Kcal per kilogram NAR steady at CNY 630 per tonne FOB since August 1st 2012 while stocks declined to 7.77 million tonnes as of A...
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Date:2012/08/14
It’s reported that Hebei Yanxin Building Materials Company, a leading Chinese raw material provider has planned to pour RMB4 billion to build submerged arc furnaces to produce silicon manganese for expansion in the city of Fengzhen within region of I...
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Date:2012/08/13
Chinese plant maker China 19th Metallurgical Corporation, a subsidiary of state owned China Metallurgical Group Corporation, has announced that it has won a tender to carry out the upgrading project of the stainless steel rolling mill of Shandong Pro...
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Date:2012/08/13
It is disclosed by Taiyuan Iron and Steel Co (TISCO) that Taiyuan Steel Trading Center with a total investment of CNY 2.5 billion will be built in Taiyuan city, and the project will be finished in October 2013.The center will bear an annual 5 million...
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Date:2012/08/13
Reportedly, Jiangsu province-based Pangang Group announced that the company’s pig iron output reached 5.6501 million tons in the first seven months this year.In the given period of time, the firm’s output of crude steel reached 5.4139 million tons; t...